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by astoor
1891 days ago
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> This just shows that blockchain is a good technology. At no point does the original article mention blockchain, which actually improves its credibility given a Central Bank Digital Currency would not benefit from a public blockchain (as distinct from a permissioned distributed ledger). |
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> Meanwhile, the Bank of England also announced a new omnibus bank account, a special account at the central bank targeted at regulated payment systems. The new account is well-suited to Fnality, the blockchain-based payment system owned by 15 institutions.
And they ( bank of England) already have blockchain tech to settle between banks : https://www.fnality.org/home